Bottled water billionaire pips Jack Ma to become China's richest

Terra Daily

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Beijing (AFP) Sept 24, 2020

A businessman who spun his wealth from bottled water and vaccines has usurped tech tycoon Jack Ma as China's richest man, the Bloomberg Billionaires Index showed Thursday. Nongfu Spring founder Zhong Shanshan's net worth has hit $58.7 billion after a massive listing by the bottled water company in Hong Kong earlier this month. This makes him $2 billion richer than previous number one, Al

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